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Orla Mining Expands with Acquisition of Musselwhite Gold Mine

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Orla Mining Expands with Acquisition of Musselwhite Gold Mine

Orla Mining ( (TSE:OLA) ) has provided an update.

Orla Mining has completed the acquisition of the Musselwhite Gold Mine from Newmont Corporation, significantly boosting its annual gold production by 140% to over 300,000 ounces. This acquisition enhances Orla’s presence in North America and aligns with its growth strategy, offering opportunities for optimization and mine life extension, while maintaining strong relationships with local stakeholders and First Nations partners.

More about Orla Mining

Orla Mining Ltd. is a company in the gold mining industry, focusing on producing gold through its assets in North America. The company is known for its development and operational success, with a strategic emphasis on growth and value creation.

YTD Price Performance: 19.04%

Average Trading Volume: 517,297

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$3.26B

See more insights into OLA stock on TipRanks’ Stock Analysis page.

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